Word: growth
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Dates: during 1980-1989
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Rising standards of living in Third World countries could lead to enormous world population growth unless family planning programs receive strong support, Harvard population experts said yesterday at a symposium sponsored by the School of Public Health...
While the coasts have enjoyed rapid growth in high technology and such service industries as banking, advertising and insurance, many heartland states have been held back by their dependence on depressed agriculture, oil and declining smokestack industries. The virtual disappearance of inflation (consumer prices did not rise at all in July, and for the first seven months of 1986 they actually declined .2%) has had uneven regional effects. % Overall stability has masked what a Reagan Administration official calls a "worldwide deflation" in commodity prices that has struck hard at farmers. More recently, the collapse of oil prices has depressed states...
...moment, little growth is visible anywhere in the economy. Revised figures show that total output of goods and services rose a mere .6% in the ; second quarter, the slowest pace since the end of the 1982 recession. In an effort to give a boost to the economy, the Federal Reserve cut the discount rate at which it lends to member banks a half-point, to 5 1/2%, its lowest level in nine years. That should encourage further interest-rate cuts by the banks. The Reagan Administration and many private economists still expect a second-half pickup. Right now, though...
...liberal establishment, which includes not only liberals but traditional Republicans. Institution by institution, the conservatives have built up an infrastructure in the shadow of the liberal establishment, to combat and finally to overthrow it. The think tanks are obviously an important part of the movement." Blumenthal calls the growth of this conservative intellectual elite "the most dramatic political development in recent American history...
There is a feeling in Washington that we are gathering at the side of the track to watch a gigantic economic train wreck one of these days, and nobody seems inclined to do much but ask his brother along for the spectacle. The dismal economic reports this week -- slow growth, housing starts down, deficits unabated -- heightened the foreboding even while the politicians celebrated tax reform and Reagan rode horses at his ranch...